HDB received 737 appeals from S'poreans to keep their overseas properties

[princess_morbucks]

http://www.channelnewsasia.com/news/...medium=twitter

SINGAPORE: Over the last two years, the HDB received 737 appeals from Singaporeans with non-Singaporean spouses to keep their overseas property in their purchase of HDB flats.
Of these, 482 were approved.
National Development Minister Khaw Boon Wan gave this update in a written Parliamentary reply to Hougang MP Png Eng Huat who had asked the figures.
Mr Khaw said the main reasons for granting such exemptions were that the overseas properties were not of substantial value and were housing extended family members of the couple.
The nationality of the non-Singaporean spouse is not a consideration in HDB's evaluation of an appeal.


- CNA/fa

[xebay11]

http://www.channelnewsasia.com/news/...medium=twitter

SINGAPORE: Over the last two years, the HDB received 737 appeals from Singaporeans with non-Singaporean spouses to keep their overseas property in their purchase of HDB flats.
Of these, 482 were approved.
National Development Minister Khaw Boon Wan gave this update in a written Parliamentary reply to Hougang MP Png Eng Huat who had asked the figures.
Mr Khaw said the main reasons for granting such exemptions were that the overseas properties were not of substantial value and were housing extended family members of the couple.
The nationality of the non-Singaporean spouse is not a consideration in HDB's evaluation of an appeal.


- CNA/fa

Does this law apply to post MOP HDB flats?

[princess_morbucks]

Does this law apply to post MOP HDB flats?

After MOP, can buy anything you want.
It is only during the MOP that the owners, co owners and occupier cannot own any other form of housing whether local or overseas.

[xebay11]

After MOP, can buy anything you want.
It is only during the MOP that the owners, co owners and occupier cannot own any other form of housing whether local or overseas.

Thank You